ABOUT

Mark Purvis

My specialty is the evaluation and adaptation of real estate, loan portfolios, and oil and gas assets to the challenges presented by adverse market conditions. I have deep experience in change management programs and operational turnarounds, directing the course of implementation in response to unprecedented obstacles.

I understand the complexities of evaluating and underwriting all types of commercial and residential loan portfolios.  As the project manager on over $700 million dollars in successful loan sales, I directly supervised twelve senior managing underwriters and managed the entire underwriting and due diligence process. Oversight responsibilities included review of title and ownership interests securing collateral, regulatory compliance, and the quality control process for all aspects of loan underwriting, valuation and sales evaluation.

During my tenure as Vice President and Division Manager for NationsBank and Financial Resource Management, I had direct responsibility for six senior managers, all external contractors, and administrative support staff.  My division was responsible for the resolution of over $380 Million dollars in assets and contributed to the successful resolution of $1 Billion dollars of total assets under management.

As a member of the PricewaterhouseCoopers steering committee, I participated in the development and implementation of the FRMI Asset Management Policies and Procedures manual and personally trained asset management staff system wide. As an outside consultant I co-authored the NCNB Asset Management Procedures Guide and provided training to the asset management staff.

Raised by a father in the oil business, I learned the industry from the ground up.  With a deep understanding of all facets of the business, I have been leading projects for oil and gas clients for more than a decade. Focused primarily on managing large scale due diligence projects for acquisition or divestiture, I have facilitated the successful completion of more than $2.8 Billion dollars in sales of oil and gas assets. 

The broad range of my experience gives me the ability to rapidly and accurately quantify and minimize risk.

The uncertain conditions presented by the global impact of Covid-19 will call for new approaches to asset management of all types. Vision, leadership, and experience are necessary to create the most innovative strategies. I welcome the opportunity to discuss how I might be of service to your business.